Fisker Automotive will distribute electric vehicles in China through a partnership with China Grand Automotive Group, one of the country’s largest passenger car retailers.
Executives from the two companies signed a non-exclusive agreement in Shanghai earlier this week.
Fisker, a specialist US maker of premium electric vehicles, hopes to capitalize on the strong growth of the Chinese car market and a broadening interest in electromobility. “With its vast network of experienced retailers CGA will give Fisker an instant and credible footprint in the region,” said Henrik Fisker, CEO of Fisker Automotive.
Fisker Automotive’s first car, the Fisker Karma, will make its Chinese debut at the Shanghai auto show in April 2011. Worldwide, Fisker says it has already received 3,000 pre-orders for the model. It hopes to sell 15,000 Karmas and initial Chinese deliveries are set for the autumn of 2011.
Fisker, whose self-declared mission is to “redefine the luxury automobile with an unwavering dedication to sustainability,” is developing a higher-volume line of premium electric vehicles with extended range. Production is scheduled to start in the fourth quarter of 2012.
Shanghai-based CGA, which was founded in 2006, has a network of more than 200 dealerships in China carrying more than 40 car brands.